In the past year or so, there have been media reports of how oil production per well in the major United States shale plays soared even as oil prices collapsed.
December 14, 2015, 9:28 AM MST
Encana Corporation will throttle down 2016 capital spending by more than 25 per cent to between US$1.5 billion to $1.7 billion and will reduce its annual dividend by almost 80 per cent to six cents per share from 28 cents per share.
December 14, 2015, 10:36 AM MST
As our industry contorts and convulses, the dimensions of its various upheavals manifest in different narratives. Many such narratives overwhelm and subsume others — and often rightly so.
December 14, 2015, 7:49 AM MST
December 14, 2015, 11:53 AM MST
It’s unlikely there’s going to be major relief for crude oil prices any time soon, given the abundance of oil on the market.
December 14, 2015, 10:40 AM MST
December 14, 2015, 10:41 AM MST
The following list indicates dates that companies are CLOSED during the holidays. All businesses are closed on Friday, Dec. 25.
December 14, 2015, 10:38 AM MST
Oil and gas lands are currently available for posting in Yukon.
December 14, 2015, 6 AM MST
Sustaining capital expenditures will account for Calfrac Well Services Ltd.’s entire $25 million capital budget for 2016, with an additional $30 million carried over from this year’s capital program, the company announced today.
December 14, 2015, 9:16 AM MST
In response to weak market conditions, Trinidad Drilling Ltd. has budgeted about $30 million in capital expenditures for 2016, setting aside an additional $15 million for upgrades depending on industry conditions — a severe reduction from this year’s $175 million capital budget.
December 14, 2015, 9:13 AM MST
Rock Energy Inc. says it increased its total proved plus probable reserves by 38 per cent to 17.2 million boe (98 per cent heavy and light oil and NGLs) at Nov. 30, 2015, up from 12.5 million boe at 2014 year-end.
December 14, 2015, 11:55 AM MST
With a global agreement on climate change now in place, the Canadian federal government needs to move quickly to come up with a national climate plan, say environmentalists who support the agreement reached in Paris on the weekend.
December 14, 2015, 11 AM MST
Natural gas weighted Pine Cliff Energy Ltd. says its board of directors has approved a $10 million capital budget for 2016, which may be modified depending on commodity prices and non-operated drilling activity.
December 14, 2015, 10:43 AM MST
Brookfield Capital Partners Ltd. says it has acquired 8.1 million common shares of CWC Energy Services Corp.) under a private agreement exemption.
December 14, 2015, 8:33 AM MST
A veteran of the oil and gas industry has joined the advisory board of Vancouver-based Saturn Minerals Inc., the company has announced.
December 14, 2015, 8:31 AM MST
December 14, 2015, 10:44 AM MST
December 14, 2015, 10:51 AM MST
December 14, 2015, 10:52 AM MST
December 14, 2015, 11:05 AM MST
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December 14, 2015, 11:07 AM MST